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SunSirs: Calcium Carbide Prices in Northwest China Fell Down This Week (April 13-17)
April 21 2020 13:11:51SunSirs(John)

Price trend

According to the price monitoring of SunSirs, the ex factory price of calcium carbide in Northwest China fell this week. This week, the average ex factory price of mainstream carbide manufacturers fell from 2,513.33 RMB/ton at the beginning of the week to 2,350.00 RMB/ton at the end of the week, down 6.50% and down 25.46% compared with the same period last year. Overall, carbide fell this week, with the carbide commodity index at 61.57 on April 17.

 

Analysis review   

Product: This week, the factory price of calcium carbide in the northwest region fell: Ovigne's calcium carbide price this weekend was 2,400 RMB/ton, compared with the beginning of the week, the price fell 170 RMB/ton; the price of calcium carbide in Shaanxi Coal Industry this week was 2,400 RMB/ton, compared with the beginning of the week, the price was temporarily stable; the price of calcium carbide in Inner Mongolia Zhonglian this weekend was 2,350 RMB/ton, compared with the beginning of the week, the price fell by 220 RMB/ton; Ningxia Xingping's calcium carbide price in this week was 23,00 RMB/ton, compared with the beginning of the week, the price fell by 100 RMB/ton.

At the end of this week, the actual transaction price of calcium carbide in the northwest region was about 2,300-2,400 RMB/ton: the mainstream transaction price of calcium carbide in Shaanxi was about 2,400 RMB/ton; the mainstream transaction price of calcium carbide in Ningxia was about 2,300 RMB/ton; the mainstream transaction price of calcium carbide in Inner Mongolia was around 2,350 RMB/ton, and the actual transaction price was mainly negotiated.

Industrial chain: Upstream raw material Market: the ex factory quotation of semi-coke fell this week. Overall, the drop was about 50 RMB/ton. At present, the quotation of small semi-coke is 560 RMB/ton, that of medium semi-coke is 580 RMB/ton, and that of large semi-coke is 650 RMB/ton. The price of upstream raw materials fell and the cost support was insufficient, which had a negative impact on the price of calcium carbide.

Downstream market: PVC factory price slightly increased this week. PVC price decreased from 5,675.00 RMB/ton at the beginning of the week to 5,657.50 RMB/ton at the end of the week, a decrease of 0.31%, 16.06% compared with the same period last year. PVC prices fell this week, the market tends to be low, and the purchasing enthusiasm for calcium carbide is also low. Overall, PVC market this week has a negative impact on calcium carbide prices.

 

Market outlook

In late April, the market of calcium carbide fluctuated slightly. The price of raw materials in the upstream is low, the cost support is not enough, the price of PVC in the downstream is low, and the procurement enthusiasm of customers in the downstream is low. In the late April, the price of calcium carbide in Northwest China is expected to drop slightly.

 

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